Understanding Cost Management in Multifamily Projects

Cost management is one of the most vital aspects of multifamily housing projects. Effective cost control practices ensure the project costs do not exceed the estimates by unreasonable margins. To achieve the objective, value engineering for multifamily housing plays an instrumental role, helping in planning and executing construction projects, while ensuring optimum returns for investors. […]

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Preliminary Analysis: A Prerequisite for Cost-Effective Multifamily Projects

Multifamily renovation projects usually require significant investments, which makes it is essential for property owners and stakeholders to ensure appropriate distribution of funds. Every construction company carts out plans to minimize project costs without having to compromise on construction quality or timelines. Consulting a preliminary multifamily construction company can help in all aspects of project, […]

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Understanding the What, Why and How of Due Diligence for Multifamily Property

A multifamily property is a significant investment, so you need to pay attention to the research part before signing on the dotted line. This is where due diligence comes into the picture to help property owners save substantial repair and maintenance costs that could be the result of unknown construction defects. Due diligence assistance for […]

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Looking for a Multifamily Housing Contractor? Read This First!

Some of the most frequent complains multifamily housing tenants make are related to the maintenance of a multifamily property. A poorly maintained multifamily property not only reduces your chances of getting a good rent, but it may also require you to invest heavily in a multifamily property repair, at a later stage. It, therefore, becomes […]

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Flood Damage Control Protocols for Multifamily Properties

As the U.S experienced its first major hurricane (Hurricane Harvey) of the season, thousands of people were left homeless and countless properties sustained severe damages across the country. As tampering with a flooded property involves the risk of electrocution due to damaged electrical appliances and wire, it is important to hire professional multifamily renovation buildings […]

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Time-Tested Ideas for Renovating a Multifamily Housing Property

Whether or not to go for Multifamily housing renovation is usually a tough decision to make. While some multifamily housing owners or investors dread the downtime associated with a remodel project, others are concerned with getting everyone out and making arrangements. Though multi family renovation can be a stressful prospect in the short term, it […]

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Getting Rid of Lead Paint from Multifamily Properties

Lead-based paints were banned in the US in 1978, due to their detrimental effects on human health, which include serious concerns such as nervous system damage, stunted growth, and kidney damage. Our present and future generations are still vulnerable to lead exposure, as most homes built before 1978 were painted with lead paints. Lead-based paint […]

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Recyclable Materials that Might be Lying at Your Construction Site

According to a recent study, construction and demolition waste accounts for 25 to 40 percent of the total waste in the U.S, out of which 90 percent of the waste is recyclable. From concrete to asphalt, the waste scattered around construction sites is a common sight across the country. Construction waste, apart from occupying space, […]

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Amenities at Multifamily Property that Promise Optimum Tenant Satisfaction

The experience of tenants significantly impacts the value and occupancy of a multifamily property. It is, therefore, crucial for property owners to provide the amenities and services expected by tenants. If any service or amenity is missing, you may have to upgrade your multifamily property. Renovating a multifamily property, however, can be a cost-intensive exercise, […]

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Planning a Multi Family Renovation Project? Here are Some Amenities to Consider

Since the foreclosure crisis, families in the U.S. have preferred renting an apartment over buying one, and The Urban Institute predicts the trend to continue till 2030. If you are a multifamily property owner, we are sure the data must be music to your ears. That said, experts are not very optimistic about rent growth […]

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